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Struggling electric van startup Canoo has placed its remaining employees on what it’s calling a “mandatory unpaid break” through at least the end of the year, according to an email obtained by TechCrunch. The company told employees they are being locked out of Canoo’s systems at the end of the day Friday, according to the…
Struggling EV startup Canoo says it has furloughed 82 employees and is idling its factory in Oklahoma while it grasps for the capital needed to survive. The company claims it is in “advanced discussions with various capital sources” to raise emergency funding. The announcement comes just a few days after board member James Chen resigned,…
Rivian said late Monday it has secured conditional commitment for a $6.6 billion loan from the Department of Energy, funds that will help the EV maker restart construction of a massive factory in Georgia. The funds will come from DOE’s Loan Programs Office Advanced Technology Vehicle Manufacturing Loan Program. Rivian said it expects to begin…
Lucid Motors has now officially sold more EVs this year than it did in all of last year, and with three months to go in 2024. The milestone comes after Lucid announced Monday it delivered 2,781 vehicles in the third quarter of 2024. That’s a third straight record quarter for deliveries, though Lucid is still…
Eighteen months ago, Ford triggered a transformation when the U.S. automaker locked in a deal to give owners of its EVs access to the Tesla Supercharger network. In a stunning shift, automaker after automaker — from GM and Hyundai to Rivian and Mercedes — followed suit. By the end of 2023, nearly every major automaker…
Canada is expected to announce new regulations this week that will require all vehicles sold in the country to be zero-emissions by 2035, according to news reports. The new regulations, which will reportedly be called the Electric Vehicle Availability Standard, are intended to help guarantee automakers will produce enough zero-emissions vehicles for the expected demand,…
Electric vehicles are significantly less reliable than conventional cars powered by gas or hybrid vehicles, according to a new survey from Consumer Reports. The annual car reliability survey by Consumer Reports found that EVs are 79 percent more likely to have problems than conventional cars. Consumers reported that electric drive motors, charging and EV batteries had the…
“Top 10 electric vehicles of September 2022” In a world where sustainability is running on everyone’s mind, and the consumption of fossil fuels is quite literally looked down upon – Electric vehicles have been slowly and steadily taking over the world! Electric vehicles ditch the age-old fossil fuels and instead run on large traction battery…
“This parking car stopper doubles as wireless charger for your electric vehicle” The convenience of wirelessly charging your electric vehicle while it’s parked – this is the proposed vision of Watt concept. Thus, making it seamlessly easy for EV owners to have a hassle-free commuting experience in the city or on highways. You have the…
This is something you might not know: almost all EVs are automatic. You’ll be hard pressed to find one with a gear stick. Why, you ask? Because EVs simply don’t need more than a single gear. I know, a stick shift car feels empowering, so why haven’t automakers thought about a “best-of-both-words” solution and put one in an EV?…